Company Profile

SJVN has bagged 679 MW Lower Arun Hydro Electric Project in Nepal through Competitive Bidding Project. The Lower Arun Hydro Electric Project is located in Sankhuwasabha and Bhojpur Districts of Nepal. On completion 679 MW Lower Arun Hydro Electric Project will generate 3561 million units of electricity per annum.

The company is already constructing 900 MW Arun 3 HEP in Nepal and 217km 400 kV associated transmission system.

SJVN is engaged in hydroelectric power generation originally established as a joint venture between the government and the state government of Himachal Pradesh to develop and operate the Nathpa Jhakri Hydro Power Station (NJHPS).

SJVN is currently trading at Rs. 25.50, up by 0.35 points or 1.39% from its previous closing of Rs. 25.15 on the BSE.

The scrip opened at Rs. 25.15 and has touched a high and low of Rs. 25.50 and Rs. 25.15 respectively. So far 62608 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 27.60 on 11-Jan-2021 and a 52 week low of Rs. 17.15 on 13-Mar-2020.

Last one week high and low of the scrip stood at Rs. 25.45 and Rs. 24.60 respectively. The current market cap of the company is Rs. 9883.43 crore.

The promoters holding in the company stood at 86.77%, while Institutions and Non-Institutions held 8.23% and 5.00% respectively

SJVN has bagged 679 MW Lower Arun Hydro Electric Project in Nepal through Competitive Bidding Project. The Lower Arun Hydro Electric Project is located in Sankhuwasabha and Bhojpur Districts of Nepal. On completion 679 MW Lower Arun Hydro Electric Project will generate 3561 million units of electricity per annum.
The company is already constructing 900 MW Arun 3 HEP in Nepal and 217km 400 kV associated transmission system.

SJVN is engaged in hydroelectric power generation originally established as a joint venture between the government and the state government of Himachal Pradesh to develop and operate the Nathpa Jhakri Hydro Power Station (NJHPS).

Zensar Technologies has launched its integrated Digital XDR (extended threat detection response) solution as part of its Digital Foundation Services offerings. Due to the continued rise in remote working, there is a marked increase of security and risk threats to enterprises globally. The company’s XDR solution provides organizations with adaptive expert intelligence and threat prediction capabilities by prioritizing the business risk tailoredto their environment.

SJVN has bagged 679 MW Lower Arun Hydro Electric Project in Nepal through Competitive Bidding Project. The Lower Arun Hydro Electric Project is located in Sankhuwasabha and Bhojpur Districts of Nepal. On completion 679 MW Lower Arun Hydro Electric Project will generate 3561 million units of electricity per annum.

Hero MotoCorp has reported a 3.14% decline in total sales to 4,85,889 units in January 2021. The company had sold a total of 5,01,622 units in the same month last year. Domestic sales were at 4,67,776 units as against 4,88,069 units in January last year, down 4.15%. However, exports were up at 18,113 units as compared to 13,553 units in the same month last year

Indian Bank has declared five NPA accounts, including Cox & Kings and Era Infra Engineering, having Rs 148.03 crore exposure as fraud. The five accounts are - Cox & Kings Ltd that diverted funds worth Rs 68.46 crore; Era Infra Engineering Rs 19.36 crore; Supreme Tex Mart Rs 16.36 crore; RSAL Steel Rs 27.35 crore and Pune Buildtech Rs 16.50 crore. The bank said it has fully provided for these non-performing assets.

TVS Motor Company’s sales grew by 31% registering 307,149 units in January 2021 as against 234,920 units in the month of January 2020. Total two-wheelers sales grew by 34% recording 294,596 units in January 2021 as against 220,439 units in January 2020. Domestic two-wheeler sales grew by 26% registering 205,216 units in January 2021 as against 163,007 units in January 2020. Motorcycle grew by 45% recording 136,790 units in January 2021 as against 94,367 units in January 2020. Scooter sales of the Company grew by 36% registering 98,319 units in January 2021 as against 72,383 units in January 2020.

Coal India’s -- coal production declined by 4.1 per cent to 60.5 million tonne (MT) January 2021. The company had produced 63.1 MT of dry-fuel in January last fiscal. The company's output in the April-January period was at 453.3 MT over 451.5MT in the corresponding period of the previous fiscal.

KILPEST INDIA has sold 4,93,400 COVID-19 RT-PCR Tests in the month of January 2021 with an average price of Rs 95 per test. Now the daily COVID-19 RT-PCR Tests sold have reduced to10,000-12,000 tests  per  day during the last 10 days.

Hero MotoCorp has reinforced its presence in Central America by appointing new distributor partners in Nicaragua and Honduras, with aggressive expansion plans for both countries. The company has lined up a slew of new launches, including its range of premium motorcycles, in both countries and will also expand its network with extensive customer touch-points and flagship stores in key markets.

Tech Mahindra has agreed to acquire 100% shareholding of Payments Technology Services. The cost of acquisition is $9 million and the transaction is expected to close by March 31, 2021.

Tata Consultancy Services (TCS) is planning to acquire General Electric's (GE's) stake in Tata Consultancy Services Saudi Arabia for $12,471 (about Rs 9.13 lakh). In September 2013, TCS announced the creation of an all-women business process services centre in Riyadh (Saudi Arabia) in partnership with GE. On completion of required governance and business changes to effect this transition, TCS will assume full responsibility of the centre. This will secure the centre's viability in the longer term and allow it to continue to serve as a source of opportunity and skills development for women in the country.

Bharti Airtel is initiating the process to revise its foreign investment limit, as notified to its depositories, to 100% with immediate effect. In compliance of the foreign direct investment (FDI) approval dated January 20, 2020 granted to the Company by the Department of Telecommunications, the Company has received approvals for its relevant downstream investments.

State Bank of India (SBI) and Mahindra Lifespace have signed a memorandum of understanding (MoU) to enable an improved and more seamless experience for homebuyers across India. As part of the agreement, which includes various co-promotional activities and outreach initiatives, customers and employees of SBI and Mahindra Lifespaces will be able to avail the benefits of faster home loan processing and approvals, and special discounts and schemes.

SJVN has received approval from board of directors to raise funds through issue of unsecured/secured non-convertible bonds/debentures through private placement, up to an amount of Rs 2,000 crore, in one or more tranches. The funds will actually be raised, from time to time, with the approval of Competent Authority as per powers delegated in this regard, by the Board of Directors of the Company.

Tata Elxsi has reported results for third quarter ended December 31, 2021. The company has reported 39.49% rise in its net profit of Rs 105.20 crore for the quarter under review as compared to net profit of Rs 75.42 crore for the same quarter in the previous year. Total income of the company increased by 10.86% at Rs 492.18 crore for Q3FY21 as compared Rs 443.96 crore for the corresponding quarter previous year.